Small business reforms'transformational' withprivate lender buy-in
Final recommendations on the proposed small business legislation will be presented to the Government by mid-May, a key adviser yesterday saying the initiative could be “transformational” with buy-in from commercial lenders.
D'Aguilar to address GB Chamber of Commerce
Well-known businessman Dionisio D’Aguilar will address the Grand Bahama Chamber of Commerce this Wednesday on the future for Freeport’s business model.
Resort financiers: 56% 'sceptical' onVAT implementation
Major resort financiers are “sceptical” that Value-Added Tax (VAT) can be implemented in nations such as the Bahamas “without deterring inward investment”, a top accounting firm warned yesterday.
Bahamas team at risk management conference
A team featuring Bahamas Financial Services Board (BFSB) and Insurance Commission of the Bahamas (ICB) representatives has attended the four-day RIMS conference in Los Angeles, California.
Oceania 'resolution' targeted for Monday
A key player in the long-running Oceania Heights dispute is hoping “to come to a resolution of the outstanding issues” this Monday during a meeting at the Deputy Prime Minister’s Office.
Scotiabank staffer wins regional award
A Scotiatrust (Bahamas) employee was named Student of the Year at the STEP Caribbean awards, held in St Kitts on 5 May.
Workshop to help firms leverage social media
A first Bahamian social media ‘Boot Camp’ is being launched at month’s end to help companies and sales persons leverage its use. Entrepreneurs, corporate workers, salespeople, businessmen, small business owners and churches are being targeted for the event, which will be held at the Sheraton Beach Resort on May 30-31. President and chief executive of The Publicity Agency (Bahamas), Miranda Inniss, said: “With the increasing popularity of Social Media globally and its impact on our personal and professional lives, this is an ideal time to introduce the Boot Ccamp to the community.
Private health insurance 'not viable' for businesses
Private health insurance is “not a viable, sustainable model” for many Bahamian companies, an outspoken businessman has warned, revealing that this costs him more than insuring his multi-million dollar business assets.
Office project eyes $25m gross sales
A newly-launched western New Providence office development is targeting $25 million in gross sales, its broker telling Tribune Business his phone had been “ringing off the hook” with inquiries the past fortnight.
'Frustration' rising over Investment Board delay
“Frustration” is mounting among Bahamian attorneys, realtors and their clients over Investments Board approval backlogs of up to two-three months, with the delays costing both the private sector and the Government much-needed revenue.
Air arrivals slump 3.4% in 2013 Q1
Air arrivals to the Bahamas declined by 3.4 per cent year-over-year for the 2013 first quarter, with both New Providence and Grand Bahama experiencing a decline in the key stopover visitor segment.
BORCO owner invests over $140m in 2012
The Bahamas Oil Refining Company’s (BORCO) owner invested more than $140 million into expanding the Grand Bahama-based facility in 2012, and believes it is poised to “expand its Caribbean leadership position” in Vacuum Gas Oil (VGO) storage.
Brewery's concern on VAT 'price disruption'
Commonwealth Brewery has pledged to avoid “severe price disruption” to its Bahamian manufacturing and import operations from Value-Added TAX (VAT), its managing director warning that the reform needed “careful management”.
$25m academy to 'turn apple cart upside down'
A “one of a kind” maritime training academy will, over the next few years, “turn the apple cart upside down” and make major inroads into creating maritime career opportunities for young Bahamians, its president believes.
CHAMBER VOICE: How corruption damages the Bahamian workplace
All companies, large and small, suffer their share of corruption and criminal behaviour.
